NZ dollar gains in thin trading as investors remain upbeat about local economy

Wed, 27 Dec 2017

By Rebecca Howard Dec. 27 (BusinessDesk) - The New Zealand dollar edged up against the greenback in thin holiday trading as investors remain cheered about the domestic economy. The kiwi increased to 70.46 US cents as at 5pm in Wellington from 70.32 cents as at 8.30am and 70.20 cents yesterday. The currency has held above 70 US cents after getting a solid lift when historic revisions to gross domestic product data last week showed the economy had fared better than previously thought. Figures today showed consumers remain in good heart, wit...

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